Sri Lanka to hand management of China-built airport to India, Russia companies

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Two youths charged with second degree murder | SaltWire #newsupdate #halifax #police #newstodayCOLOMBO - Sri Lanka will hand over management of its $209 million Chinese-built airport to two Indian and Russian companies, a cabinet statement said on Friday, as the island nation attempts to reduce losses from its state enterprises.

Sri Lanka is negotiating with China EXIM Bank to restructure the airport loan, part of $4.2 billion borrowed for other infrastructure projects.

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